Binance targets full withdrawal restoration across several networks by next week

Binance says it aims to reopen withdrawals for six remaining tokens and all assets on networks where withdrawal services have already been restored by the end of next week. That would mark another major step in a recovery process that began after a security incident in late October 2026.

For users who have watched their balances sit behind a locked door, that is the timeline that matters. Deposits remained open throughout the disruption. Getting money out has been the slow part.

A network-by-network reopening

Binance has not flipped one big switch. It has been bringing withdrawals back in phases since November 1, one network-asset pair at a time.

In announcements on November 5 and 6, the exchange outlined additional withdrawal reopenings covering dozens of tokens. Its November 5 update included 69 network-asset pairs representing 62 distinct tokens across six networks, including Ethereum, BNB Smart Chain, Base and Tron. The November 6 update added another batch across eight networks.

The November 5 reopening began at 04:00 UTC, with access rolling out progressively rather than all at once. Binance said it was prioritizing tokens based on user demand over the previous week, with each network-asset pair subject to security checks before withdrawals resumed.

Some major assets were restored earlier. ETH, USDT and USDC were included in the first withdrawal phase on November 1, alongside BTC, BNB, SOL and XRP.

The money moving out

The first day of reopened withdrawals gave a clear read on user sentiment. On November 1, Binance recorded net outflows of approximately $3.6 billion across 15 networks.

That figure came from $4.6 billion in withdrawals set against $1 billion in deposits.

Binance reportedly replenished approximately 98% of the affected assets, covering losses through its reserves. That included its Secure Asset Fund for Users, better known as SAFU.

Background on the recovery

The restoration follows a large security incident in late October 2026. Binance’s response has centered on two tracks: refilling affected assets and reopening access in an orderly sequence.

Alongside the phased withdrawals, the exchange has updated its Proof of Reserves and published asset snapshots. Proof of Reserves is a disclosure meant to show that an exchange holds enough assets to cover customer balances.

Binance has also said it will keep issuing regular updates on the recovery and on which assets are available. Keeping deposits open throughout the downtime was a notable choice. It let assets keep flowing in while the exchange worked through the outbound side.